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Today's funniest mining equity research...

...comes from BMO and its note on Dalradian ( entitled "Mineral Resource Update Debunks Cooked Up Continuity Concerns", coming on the back of the company resource update that poured more heat than light on the sector's valid concerns about Curraghinalt.

"Cooked up"...geddit?

Anyway, Andrew Breichmanas of BMO is either stupid or a bullshitter, because that's the only possible explanation for his publication managing to confuse the concept of dilution with that of continuity.

Bless the sellside and the way they think you're dumber than they are.